1. Stategic Forecasting Inc.
DRAFT OF 7/21/2011
CONFIDENTIAL PRIVILEGED COMMUNICATION ATTORNEY WORK PRODUCT
Stategic Forecasting Inc.
Illustration of Joint Venture & Proposed Restructuring

2. Stratcap Funds Shareholders George Friedman Shea Morenz
Strategic Forecasting, Inc.
Shea Morenz
SM/Stratfor Partners, LLC
1,802* Incentive Units
180,000 Class A
20,000* Incentive Units
100%
Stratfor Enterprises, LLC
20,000 Class A
Stratcap Holdings, LLC (“Newco”)
72,000 Class A
5,000 Class A
18,000 Class A
Stratcap Management Company, LLC
Tax Legend
Corporation
Partnership
Multiple Entities & Individuals
Disregarded Entity
5,000 Class A
Various%
Stratcap Funds
* Incentive Units are subject to forfeiture

3. Circular 230 Notice
To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or tax-related matters addressed herein.